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US Stock Movement | Shanda Technology (SDA.US) up over 14%, stock price hits intraday high
Zhitong Finance APP learned that on Wednesday, Shengda Technology (SDA.US) stock price hit its intraday high. As of the time of writing, the stock was up more than 14%, trading at $1.945, with a market capitalization nearing $200 million. Preliminary, unaudited 2025 performance results released by the company last month showed that full-year revenue is expected to reach $498 million, representing a 13% year-over-year increase versus 2024. The company also successfully achieved profitability in the second half of 2025. It expects full-year revenue in 2026 to reach $600 million, an increase of about 20% compared with its 2025 forecast revenue.